12625 Tomball Pkwy Houston, TX 77086
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Houston Chipotle, strong returns.
Property Features for 12625 Tomball Pkwy
General Information
- Property type
- Retail properties & Spaces
- Lot Size
- 27,878 SF
Building Details
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
Listing Agency: HIEU DUONG Listing Agent: John Nguyen
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 2,325-square-foot, single-tenant, absolute NNN leased Chipotle restaurant located at 12625 Tomball Parkway, Houston, Texas 77086. The property boasts a new 10-year lease commencing October 1, 2023, and expiring September 30, 2033, with four 5-year renewal options, each including a 10% rent increase. The current annual net operating income (NOI) is $147,000, yielding a 4.00% cap rate on the $3,675,000 asking price. The lease is backed by a corporate guarantee from Chipotle (NYSE: CMG), providing significant security for investors. Situated on a 0.64-acre lot, this one-story, 2023-built building benefits from a high-traffic location with over 59,000 vehicles daily on Tomball Parkway, near the intersection of SH 249 and Antoine Drive. The property enjoys excellent visibility and accessibility, surrounded by other prominent retailers including Walmart, Kroger, Jersey Mike's, Starbucks, and many more. The inclusion of a Chipotlane drive-thru further enhances customer convenience and sales potential. This is an ideal investment for passive investors seeking a stable, high-performing asset with a strong corporate tenant and significant long-term growth potential. The ground lease expires September 30, 2033.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.481201426647
- Latitude
- 29.912143736406
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FAQs
What type of property is this?
Retail property - Houston Chipotle, strong returns.
Where is this retail property located?
The property is located at 12625 Tomball Pkwy Houston, TX.
What is the asking price?
The asking price for this property is $3,675,000.
What are key features of this property?
This property features: New 10-year absolute NNN lease with 10% rent increases every five years.; High-traffic location on Tomball Parkway, exceeding 59,000 vehicles daily.; Ideal passive investment; corporate guarantee from Chipotle (NYSE: CMG).
